Analyst Warns Bearish Signal for Bitcoin as 2026 Seen as Most Decisive Year Yet

Market analyst Tony Severino from YouHodler says Bitcoin remains technically in an uptrend but is facing heavy resistance around the $100,000 area, which he views as a potential bull trap. He argues that failure to reclaim and hold above this level and a drop below the $74,000 support could confirm a bear market, with a possible downside target near $53,000. Severino also expects Ethereum to start outperforming Bitcoin and suggests that a shift in the ETH/BTC ratio could set the stage for a new altcoin phase in 2026.